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Acreage with Pond and Water Well
For Sale
$324,000

5300 Cr 132 Morgan Mill, Stephenville, TX 76401

15+ acres with an on-site pond, a 260-foot water well, and electricity already in place.

Property Size661,502 SF
Lot Size15.19 Acres
Price / SF$0.49
Days on Market175

Property Features for 5300 Cr 132 Morgan Mill

General Information

Standard status Active
Size 661,502 SF
Lot size 15.19 Acres
Property subtype Lots & Acreage / Unimproved Land

Site & Location

Road Access Yes
Utilities to Site Yes

Amenities

Barbed Wire
No
Yes
1
Listing Agency: Trinity Country Real Estate
Listed By: Michelle Reed · License #669860
Source: Compass
Added: Feb 27 Changed: Aug 8 Last Checked: Mar 25 at 12:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trinity Country Real Estate

Investment Insights

Based on property information with market context.

This 15.186-acre tract offers a mix of terrain and build opportunities, including approximately 90 feet of elevation change. The property features a 0.37-acre pond and is described as being surrounded by clusters of mature hardwood trees. Utilities are in place, including a drilled water well to 260 feet with a reported yield of 25 gallons per minute, and electricity is also available.

The land is accessed via paved road frontage and is offered with agricultural (AG) exemption. Light deed restrictions are noted, including a stated minimum 1,800 SF home requirement and a prohibition on mobile homes.

Situated near Stephenville in the Morgan Mill area of Erath County, the property is described as being within Morgan Mill ISD.

Key Highlights

  • 15.186‑acre property in the Morgan Mill area of Erath County with paved road frontage
  • Approx. 90 feet of elevation change with hilltop build sites and long‑range views
  • 0.37‑acre pond on site plus 1 tank/pond reported

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Pharmacy Hair Salon Auto Parts Store Law Firm Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

134
Businesses Nearby

Demographics for 76401, TX

30,144
Population
13,826
Households
2.2
Avg Household Size
30
Median Age
35%
College-Educated
90%
High-School Grad
411.3 sq mi
ZIP Area
73
Density / Sq Mi
$60,864
Median Household Income
$31,925
Median Earnings
$1,136
Median Rent
$252,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - 15+ acres with an on-site pond, a 260-foot water well, and electricity already in place.
Where is this agricultural land / farmland located?
The property is located at 5300 Cr 132 Morgan Mill Stephenville, TX.
What is the asking price?
The asking price for this property is $324,000.
What are key features of this property?
This property features: 15.186‑acre property in the Morgan Mill area of Erath County with paved road frontage; Approx. 90 feet of elevation change with hilltop build sites and long‑range views; 0.37‑acre pond on site plus 1 tank/pond reported
More about this property
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